The United States Treasury Department asked members of the public to share their opinion on crypto illegal use.
At present, almost every country is either developing new regulatory policies or improving the existing crypto regulatory framework . In the race for perfect crypto regulation, the United States is working with its multiple Fed agencies to prohibit the illegal use of cryptocurrencies and also to provide a better room for better use cases of blockchain technology.
On 19 September, The United States Treasury Department finance office issued a public statement to invite members of the public to share their opinion on crypto assets and the role of cryptocurrencies that could allow illegal financial activities.
An excerpt read:
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
“Through this request for comment (RFC), the Treasury is requesting input from the public to understand the public’s view on the emerging risks as well as what actions the U.S. government and Treasury Department should take to mitigate the risks.”
The Treasury Department suggested people give their ideas that how crypto assets can cause illicit finance risks, anti-money laundering (AML), and counter-terrorist financing (CTF) regulations.
Earlier this, on 16 September, The US White House released an extended crypto regulatory framework to regulate the crypto space and also develop & introduce Digital Dollar.
At present United States Securities and Exchange Commission (SEC) is dominantly ruling the crypto space and its sister agency CFTC regulates only Commodities digital asset classes but due to the unclear nature of the majority of the digital assets, CFTC is not able to show its dominant in crypto space. In recent months, some development work has been done by some lawmakers to give huge power to the CFTC agency in the Crypto space.
Read also: SEC did not have more specific evidence, says XRP-supporter Attorney John Deaton
U.S. Treasury Department asking for public opinion on crypto illegal use
https://bitcoinik.com/u-s-treasury-department-asking-for-public-opinion-on-crypto-illegal-use/feed/
https://bitcoinik.com/u-s-treasury-department-asking-for-public-opinion-on-crypto-illegal-use/feed/
Moon Grid trading bot
OKX’s new Moon Grid bot automatically buys low and
sells high within a wide price range using artificial intelligence based on market backtesting.
Quick to set up with smart entry and exit points!
How does it work?
- Select Trade in the main menu, then select Trading bot.
- Select a spot trading pair from the Trading bot menu.
- Select Moon Grid from the listed strategies.
- Enter the amount you want the bot to trade and click Create.
- Your bot will then be live.
- To view and manage your Moon Grid bot, select Bots at the bottom of the trading dashboard.
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
